Noora Residence 1 in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

The cap rate (rental yield) of investments into Noora Residence 1 project is 12.9% on average.

The price of an apartment in Noora Residence 1 is 8,705 AED/sqm on average.

The long term rent of an apartment in Noora Residence 1 is 1,126 AED/sqm/year on average.

About Noora Residence 1

'Noora Residence 1' in 'Jumeirah Village Circle' area project description

Noora Residence 1 is a completed residential building within the Noora Residence complex in Jumeirah Village Circle (JVC) District 10, Dubai. Delivered in 2014, it forms part of a family-friendly community developed by International Merchant House Real Estate Dev. LLC.

The project consists of low-rise structures, described as a four- to five-storey residential complex featuring two buildings: Noora Residence 1 and 2. It includes 81 units total across the complex, with Noora Residence 1 offering studios, one-bedroom apartments, two-bedroom apartments, and two-bedroom duplexes. Unit sizes vary: studios from 317 sq. ft. to 500 sq. ft., one-bedroom units at 824 sq. ft., two-bedroom apartments from 1,185 sq. ft. to 2,017 sq. ft., and duplexes at 2,017 sq. ft. The layout emphasizes spacious designs suited for families, with a focus on open living areas.

Amenities cater to daily convenience and leisure in a green setting. The community boasts plenty of green spaces and more than 30 landscaped gardens. On-site facilities support a comfortable lifestyle, though specific building-level details like pools or gyms are integrated into the broader JVC master development by Nakheel.

Strategically located in JVC alongside Sheikh Zayed Road, Noora Residence 1 benefits from excellent connectivity. Nearest bus stops - Noor Residence and Samer Park - are within a short walk. Dubai International Airport lies 30 minutes away by car. Everyday essentials are close: Wide Range Restaurant and All Day Supermarket within five minutes drive, Tudo Mart, Tattario Restaurant by Cinque, and Like View Restaurant within 10 minutes walk. Schools such as JSS International School, Sunmarke School, Victory Heights Primary School, and Kids World Nursery are walking distance. The nearest medical centre in Karama is five minutes drive. Leisure spots include Nakheel Circle Mall and Dubai Miracle Garden, both 10 minutes drive.

Beaches are accessible via JVC's proximity to major roads. Drive 15-20 minutes southwest on Sheikh Zayed Road (E11) to Jumeirah Beach Residence (JBR) or 20-25 minutes to Jumeirah Public Beach, with traffic varying by time of day.

Nearby projects enhance the vibrant neighborhood:
- La Perla Homes 10 (Noora Residence, completed)
- Royal JVC Building (JVC, off-plan)
- Serenity Lakes (La Riviera Estate, completed Dec 2023)
- North 43 Residences (Seasons Community, 228 units, completed Mar 2024)
- Autumn, Autumn 2, Summer 2 (Seasons Community, completed)
- Stonehenge Residences (Seasons Community, off-plan Jul 2025)
- Arezzo 2 (Tuscan Residences, completed)
- District 15 (Seasons Community, completed)

The 12-year-old building maintains a strong occupancy profile, with 99.41% long-term stays. JVC's freehold status and green, community-oriented vibe make Noora Residence 1 ideal for residents seeking suburban tranquility near urban amenities.

Q&A on Noora Residence 1

What projects are better than 'Noora Residence 1' project in Dubai which are located close by, and why?

1. FIVE Jumeirah Village: Known for its luxurious design and panoramic views, FIVE offers a high-end lifestyle with its impressive architecture, private pools, and vibrant nightlife. Unlike Noora Residence 1, FIVE focuses extensively on providing a unique blend of leisure and luxury, making it suitable for those seeking an upscale living experience.

2. Belgravia Heights I & II: These projects by Ellington Properties are renowned for their contemporary design and premium quality finishes. They emphasize community living with well-thought-out amenities like fitness centers, children's play areas, and swimming pools, offering a well-rounded lifestyle that surpasses Noora Residence 1 in terms of community features and design aesthetics.

3. The Oxford Villas: Known for their superior build quality and modern design, The Oxford Villas offer private living spaces with abundant green areas, superior interior finishes, and a focus on family-friendly settings. Their attention to detail in both communal and private spaces often provides a more refined living experience compared to Noora Residence 1.

4. Bloom Towers: These towers by Bloom Holding offer stylish, efficient living spaces with superior amenities including co-working spaces, a fitness center, and an amphitheater. Bloom Towers’ focus on fostering a vibrant community atmosphere and incorporating modern amenities puts it a notch above Noora Residence 1.

5. La Riviera Apartments: This project provides a perfect blend of luxury and functionality. With extensive amenities such as rooftop infinity pools, state-of-the-art gyms, and elegant interiors, La Riviera Apartments cater to a market looking for an elevated living experience in an aesthetically pleasing environment, often surpassing the more basic offerings of Noora Residence 1.

6. Pantheon Elysee: Recognized for its glamorous design and luxurious lifestyle, Pantheon Elysee features premium fittings, sleek architectures, and a strong focus on high-end living. The attention to detail and luxurious amenities make it a superior choice for those prioritizing a more elite and polished living environment.

7. Reef Residence: Offering spacious apartments with excellent views and extensive amenities including a landscaped leisure deck, modern gym, and swimming pools, Reef Residence is designed to cater to both comfort and convenience, often providing a more comprehensive living experience compared to Noora Residence 1.

Each of these projects brings a unique set of advantages, be it through luxurious amenities, superior design, or a greater focus on community living, making them standout alternatives in the Jumeirah Village Circle area.

What are the closest schools to 'Noora Residence 1' project in Dubai?

1. JSS International School
- Location: Near Street 2, R67 and R55 intersection in Jumeirah Village Circle.

2. Sunmarke School
- Location: Jumeirah Village Triangle, within a short drive from Jumeirah Village Circle.

3. Nord Anglia International School Dubai
- Location: Near JESS Arabian Ranches, Hessa Street in Al Barsha South.

4. GEMS Founders School – Al Barsha
- Location: Al Barsha South, near Dubai Sports City.

5. Arcadia School
- Location: Jumeirah Village Triangle, easily accessible from Jumeirah Village Circle.